To: The Board of Trustees and Residents of the Foothill-De Anza Community College District

The Citizens' Bond Oversight Committee is pleased to forward its annual report on the progress of the $490.8 million general obligation Measure C bond initiative for the 2012-2013 fiscal year.

The committee continues to carry out its principal duties of ensuring that proceeds have been expended for the purposes set forth in the Measure C ballot language, reporting progress annually to the public, and providing a compliance statement. Responsibilities of the Foothill-De Anza Board of Trustees include prioritizing projects and monitoring spending levels of individual projects and potential cost overruns.

The two largest Measure C building projects were completed and put into service during this reporting period. These award-winning new facilities, the Physical Sciences & Engineering Center at Foothill College and the Media & Learning Center at De Anza College will provide exceptional teaching and learning facilities for students for years to come. Built to LEED Silver standards, the Physical Sciences & Engineering Center is a 56,000-square-foot multipod village for study of the physical sciences. The Media & Learning Center is a LEED Platinum-certified 67,000-square-foot building that advances De Anza’s capability to teach through the use of digital media, flexible "smart" classrooms and distance learning classrooms.

Additionally, many other Measure C projects have been completed that improve technology and utilities infrastructure, modernize classrooms and instructional equipment, enhance access for disabled students, and improve campus safety.

The funding provided by Measure C is an indispensable investment in these colleges that is essential to maintaining both Foothill College and De Anza College campuses as valuable community resources to enhance educational opportunities and train and retrain students for higher paying and higher skilled jobs.

The committee relied on the annual performance and financial audits conducted by Vavrinek, Trine, Day & Co., LLP (VTD), which disclosed no instances of non-compliance with the terms of Proposition 39 or Measure C. The committee wishes to report that, to the best of its knowledge, the Foothill-De Anza Community College District is in full compliance with the responsibilities described in Article XIIIA, Section 1(b)(3) of the California State Constitution. A full disclosure of the performance and financial audits can be viewed here.